Index Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
S&P 600 - Commercial Services & Supplies (Industry) (CME:SP600-202010)
Long-Term Uptrend (+90) - SP600-202010 is in a strong uptrend that is likely to continue. While SP600-202010 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP600-202010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-202010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP600-202010
The long-term trend has been UP since Aug 10th, 2020 at 570.85
The intermediate-term trend has been UP since Apr 22nd, 2021 at 758.62
The short-term trend has been UP since May 14th, 2021 at 758.59
Smart Scan Analysis for SP600-202010
Based on our trend formula, SP600-202010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||760.33||52wk High Date||2018-09-14|
|52wk Low||631.23||52wk Low Date||2018-10-26|